#36 Pennsylvania


#35 in Taxation and Regulation

#27 in Workforce Quality

#34 in Living Environment

Right to Work?

Regional Profile – Northeast

STATE
OVERALL REGIONAL RANK
TAXATION & REGULATION REGIONAL RANK
WORKFORCE QUALITY REGIONAL RANK
LIVING ENVIRONMENT REGIONAL RANK
Connecticut
9
10
6
5
Delaware
11
11
3
2
Maine
3
5
5
9
Maryland
7
8
11
8
Massachusetts
8
9
1
6
New Hampshire
2
2
2
1
New Jersey
10
6
9
11
New York
11
11
8
10
Pennsylvania
4
3
4
4
Rhode Island
6
7
7
7
Vermont
5
4
10
3

Key Industries

Aviation & Defense; Biotech;Food & Beverage; Natural Gas

Key Companies

Alcoa
Dick’s Sporting Goods
GlaxoSmithKline
H.J. Heinz
PNC Financial Services
U.S. Steel
Westinghouse Electric

Advantages

Medical marijuana could become Pennsylvania latest product. Also, PA is the top craft brewing state.

Challenges

Low energy prices caused gas companies to shut down, leaving town businesses that were supported by the industry in a recession.

Key Contacts

Dept. of Community and Economic Development

Dennis Davin, Secretary
866-466-3972
Commonwealth Keystone Building
400 North Street, 4th Floor
Harrisburg, PA 17120-0225

http://www.newpa.com/

CEO Comments

“Pennsylvania is a train wreck. Its obsession with local control has created gridlock at the local and county levels. The dysfunction in Harrisburg is well-chronicled.”

“PA is becoming more like NY, which is a shame, because the current government is ruining what had been a nice place to conduct business and establish a presence.”

“Pennsylvania has higher taxes than most. With a flat tax, they allow less deductions and want more money to waste.”

YOU MIGHT ALSO BE INTERESTED IN…

No 39: Pennsylvania

No. 39

Pennsylvania

Taxation and Regulations
Workforce Quality
Living Environment

Based on CEO Survey by ChiefExecutive.net

Key Metrics
Taxation and Regulations
  • State Corporate Income Tax Rate: 9.99%
  • Highest Personal Income Tax Rate: 3.07%
Workforce Quality
  • % with High School diploma or more: 87.5
  • % with Bachelor’s degree or more: 26.3
  • % with Advanced degree or more: 10.0
  • Patents per 100K: 26.58
  • % of Employed Represented by Unions: 15.9
Quality of Life
  • Hopsitals per 10K: 0.162
  • Elementary/Secondary Schools per 1000 people: 0.263
  • Violent Crimes per 100K: 433.68
Key Companies
  • AmerisourceBergen
  • Sunoco
  • Rite Aid
  • CIGNA
  • PNC Financial
  • United States Steel
  • H.J. Heinz
Other Highlights
  • Pennsylvania fell to #39 from #32 in 2010 — the state took #29 in 2009
  • Pennsylvania ranks 25th in state debt per capita with $3331

Sources:
TaxFoundation.org
Statemaster.com
Bureau of Labor Statistics
U.S. Census Bureau
U.S. Patent and Trademark Office
The National Center for Public Policy and Higher Education